Accounts

Description

Accounts
Harman Rai
Flashcards by Harman Rai, updated more than 1 year ago
Harman Rai
Created by Harman Rai almost 8 years ago
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Resource summary

Question Answer
Gross Profit Margin Gross Profit / Revenue x 100
Gross Profit Mark Up Gross Profit / Cost Of Sales x 100
Net Profit Margin Profit For The Year Before Tax / Revenue x 100
Overheads In Relation To Revenue Overheads(Expenses) / Revenue(Sales) x 100
Returns Of Capital Employed Operating Profit / Capital Employed x 100
Rate Of Inventory Turnover Cost Of Sales / Average Inventory
NET Current Asset Ratio Current Assets / Current Liabilities
Acid Test Ratio Current Assets - Inventory / Current Liabilities
Receivable Days Trade Receivable / Credit Sales x 365
Payable Days Trade Payables / Credit Purchase x 365
Gearing Ratio Non Current Liabilities / Capital Employed x 100
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